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Corporate & Securities Law

: BusinessAssociationsBlog.com

There Still is Nothing New Under the CSR Sun

By Stephen Bainbridge

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Dave Hoffman thinks he’s found something new in the corporate social responsibility debate: Recently, I’ve read several articles and book chapters asserting that corporate law places undue emphasis on Dodge v. Ford. Dodge is traditionally understood to hold that corporations have a exclusive duty to maximize shareholder welfare. The basic argument runs as follows. Courts (Delaware...

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Full post as published by BusinessAssociationsBlog.com on June 19, 2008 (boomark / email).

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